Plug Competitors
| PLUG Stock | USD 2.10 0.02 0.96% |
Plug Power vs Kadant Correlation
Significant diversification
The correlation between Plug Power and KAI is 0.01 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Plug Power and KAI in the same portfolio, assuming nothing else is changed.
Moving together with Plug Stock
The current Return On Tangible Assets is estimated to decrease to -0.57. The current Return On Capital Employed is estimated to decrease to -0.67. At this time, Plug Power's Total Current Assets are most likely to increase significantly in the upcoming years. The Plug Power's current Non Currrent Assets Other is estimated to increase to about 814.9 M, while Intangible Assets are projected to decrease to roughly 72.4 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plug Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Plug Power Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Plug Power and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Plug and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Plug Power does not affect the price movement of the other competitor.
High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Plug Stock performing well and Plug Power Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Plug Power's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EAF | 4.21 | (0.11) | 0.00 | 0.62 | 0.00 | 7.15 | 56.12 | |||
| HAYW | 1.08 | (0.07) | (0.04) | 0.03 | 1.07 | 3.15 | 8.28 | |||
| AMPX | 5.36 | 0.07 | 0.00 | (0.61) | 6.75 | 11.63 | 28.89 | |||
| EOSE | 5.42 | (0.15) | 0.00 | 0.04 | 6.43 | 11.16 | 33.37 | |||
| HAFN | 1.41 | 0.15 | 0.03 | (1.77) | 1.67 | 2.83 | 8.51 | |||
| MATX | 1.77 | 0.80 | 0.50 | (2.63) | 0.69 | 3.81 | 15.22 | |||
| GTLS | 0.10 | 0.05 | (0.53) | 0.93 | 0.00 | 0.23 | 1.32 | |||
| AIR | 1.67 | 0.33 | 0.24 | 0.29 | 1.35 | 4.20 | 7.12 | |||
| KFY | 1.18 | (0.04) | (0.03) | 0.05 | 1.33 | 2.91 | 7.87 | |||
| KAI | 1.56 | 0.19 | 0.16 | 0.21 | 1.29 | 3.89 | 10.20 |
Cross Equities Net Income Analysis
Compare Plug Power and related stocks such as GrafTech International, Hayward Holdings, and Amprius Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EAF | 100 M | 153.2 M | 117.6 M | (27.3 M) | (285.4 M) | (154.2 M) | (235.8 M) | 8 M | 854.2 M | 744.6 M | 434.4 M | 388.3 M | 383 M | (255.2 M) | (131.2 M) | (219.8 M) | (208.8 M) |
| HAYW | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 8.5 M | 43.3 M | 203.7 M | 179.3 M | 80.7 M | 118.7 M | 136.5 M | 116.3 M |
| AMPX | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (9.9 M) | (17.3 M) | (36.8 M) | (44.7 M) | (40.2 M) | (38.2 M) |
| EOSE | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (28.5 M) | (79.5 M) | (67.2 M) | (124.2 M) | (229.8 M) | (229.5 M) | (685.9 M) | (617.3 M) | (586.4 M) |
| HAFN | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | (186.6 M) | 3 M | (19.8 M) | 71.7 M | 148.8 M | (55.5 M) | 751.6 M | 793.3 M | 774 M | 890.1 M | 934.6 M |
| MATX | 83.6 M | 34.2 M | 45.9 M | 53.7 M | 70.8 M | 103 M | 81.4 M | 231 M | 109 M | 82.7 M | 193.1 M | 927.4 M | 1.1 B | 297.1 M | 476.4 M | 547.9 M | 575.3 M |
| GTLS | 6.8 M | 44.1 M | 71.3 M | 83.2 M | 81.9 M | (203 M) | 28.2 M | 28 M | 88 M | 46.4 M | 308.1 M | 59.1 M | 24 M | 47.3 M | 218.5 M | 251.3 M | 263.8 M |
| AIR | 11.5 M | 67.7 M | 55 M | 72.9 M | 10.2 M | 47.7 M | 56.5 M | 15.6 M | 7.5 M | 24.8 M | 35.8 M | 78.7 M | 90.2 M | 46.3 M | 12.5 M | 14.4 M | 13.7 M |
| KFY | 5.2 M | 54.3 M | 33.3 M | 72.7 M | 88.4 M | 30.9 M | 84.2 M | 133.8 M | 102.7 M | 104.9 M | 114.5 M | 326.4 M | 209.5 M | 169.2 M | 246.1 M | 283 M | 297.1 M |
| KAI | 7.7 M | 33.6 M | 31.6 M | 23.4 M | 28.7 M | 34.4 M | 32.1 M | 31.1 M | 60.4 M | 52.1 M | 55.2 M | 84 M | 120.9 M | 116.1 M | 111.6 M | 128.3 M | 134.8 M |
Plug Power and related stocks such as GrafTech International, Hayward Holdings, and Amprius Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Plug Power financial statement analysis. It represents the amount of money remaining after all of Plug Power operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Plug Power Competitive Analysis
The better you understand Plug Power competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Plug Power's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Plug Power's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Plug Power Competition Performance Charts
Five steps to successful analysis of Plug Power Competition
Plug Power's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Plug Power in relation to its competition. Plug Power's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Plug Power in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Plug Power's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Plug Power, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Plug Power Correlation with its peers. For more detail on how to invest in Plug Stock please use our How to Invest in Plug Power guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Can Electrical Components & Equipment industry sustain growth momentum? Does Plug have expansion opportunities? Factors like these will boost the valuation of Plug Power. Anticipated expansion of Plug directly elevates investor willingness to pay premium valuations. Determining accurate worth demands scrutiny of both present operating results and projected expansion capacity. Evaluating Plug Power demands reviewing these metrics collectively while recognizing certain factors exert disproportionate influence.
Earnings Share (2.41) | Revenue Per Share | Quarterly Revenue Growth 0.019 | Return On Assets | Return On Equity |
Plug Power's market price often diverges from its book value, the accounting figure shown on Plug's balance sheet. Smart investors calculate Plug Power's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Market participants employ diverse analytical approaches to determine fair value and identify buying opportunities when prices dip below calculated worth. Since Plug Power's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Plug Power's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Plug Power should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Plug Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.